It’s the season for a hearty helping of small business trends 2012 posts and predictions. After reading several of them complete with their recommendations for what small businesses should focus on in the coming year, I was left wondering who they are targeting. What about the frugal entrepreneur?
If you are the owner of a small business, chances are you’ve been receiving offers by credit card companies and their affiliates encouraging you to open a business credit account. Credit card usage is once again on the rise, and banks have much to gain by targeting the one category of credit cards that flew under the radar in the 2009 credit reform legislation. But before you push that business credit card offer aside, you might want to reconsider.
One of the biggest misconceptions many new entrepreneurs and small business owners have when they set up shop online is that a popular site with a lot of traffic will yield big profits.
This post was updated March, 2013 Ever since Tim Ferriss’s 4-Hour Workweek began to grace business book shelves and populate e-readers, the act of hiring a virtual assistant to help carry out business tasks has acquired a certain allure. Hiring a VA can be a highly strategic and frugal business move, but only if you do it right. Make sure your efforts to save a few bucks and streamline your work process don’t end up costing you more in the long run. Over the past few years I’ve had the opportunity to work with various virtual assistants (some based in America, others overseas) offering an assortment of services. While I was fortunate to come across some stellar VA’s, there were … read more…